Mahindra & Mahindra Ltd., India's leading SUV manufacturer, today announced proactive inspection of select XUV products.
Mahindra will inspect wiring loom routing in the engine bay of 108306 units of XUV700 manufactured between 8th June 2021 to 28th June 2023 for a potential risk of abrasion cut of wiring loom. Also, 3560 units of XUV400 vehicle manufactured between 16th Feb 2023 to 5th June 2023, will be inspected for ineffective spring return action of the brake potentiometer. This is keeping in line with the company's customer centric approach.
The inspection and subsequent rectification will be carried out free of cost for all customers, who will be individually contacted by the company. In an endeavour to ensure a hassle-free experience for its customers, the company is proactively carrying out this activity. This action is also in compliance with voluntary code on vehicle recall.
Shares of Mahindra & Mahindra Limited was last trading in BSE at Rs. 1552.25 as compared to the previous close of Rs. 1572.80. The total number of shares traded during the day was 61231 in over 2733 trades.
The stock hit an intraday high of Rs. 1582.00 and intraday low of 1545.00. The net turnover during the day was Rs. 95424913.00.